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USD-pegged Stablecoin to be Introduced by Goldman Sachs-backed

  • Published on: May 15, 2018 - 11:12 PM
  • Source: Bitcoinist

USD-pegged Stablecoin to be Introduced by Goldman Sachs-backedCircle, a startup payments company backed by Goldman Sachs, is set to launch a cryptocurrency with a value pegged to the U.S. dollar — similar to Tether (USDT) — after announcing a $110 million investment round dominated by cryptocurrency mining giant Bitmain.  A ‘Compliant Alternative’ to Tether Goldman Sach-backed fintech startup Circle has announced its plans to launch a cryptocurrency pegged to the U.S. dollar, following an incredibly lucrative investment round dominated by cryptocurrency mining monopoly Bitmain. The new dollar-pegged cryptocurrency sounds a lot like Tether (USDT …

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